We consider Curtiss Wright not too risky. Curtiss Wright secures Sharpe Ratio (or Efficiency) of 0.1488 which signifies that Curtiss Wright had 0.1488% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Curtiss Wright Corporation which you can use to evaluate future volatility of the firm. Please confirm Curtiss Wright Downside Deviation of 1.28, Risk Adjusted Performance of 0.0844 and Mean Deviation of 0.9722 to double-check if risk estimate we provide are consistent with the epected return of 0.1791%.
|Investment Horizon||30 Days Login to change|
Curtiss Wright Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Curtiss Wright will likely underperform.One Month Beta |Analyze Curtiss Wright Demand TrendCheck current 30 days Curtiss Wright correlation with market (DOW)|
β = 1.1882
Curtiss Wright Technical Analysis
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, the stock has beta coefficient of 1.1882 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Curtiss Wright will likely underperform. Additionally, Curtiss Wright Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Allowing for the 30-days total investment horizon, the coefficient of variation of Curtiss Wright is 671.85. The daily returns are destributed with a variance of 1.45 and standard deviation of 1.2. The mean deviation of Curtiss Wright Corporation is currently at 0.95. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47